Will AMEX agree to continue to extend credit during chapter 11?
Posted: Fri Jul 08, 2016 1:11 pm
A business relies heavily on Amex each month ($100k) to keep its business
running. The Amex bill is paid in full each month.
Does anyone have experience with AMEX agreeing with (and the court
approving) such an ongoing financing arrangement in chapter 11? If not, are
there any specific lenders you know of who we can reach out to who will
provide such financing during chapter 11?
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
A business relies heavily on Amex each month ($100k) to keep its business running. The Amex bill is paid in full each month.Does anyone have experience with AMEX agreeing with (and the court approving) such an ongoingfinancing arrangement in chapter 11? If not, are there any specific lenders you know ofwho we can reach out to who will provide such financing during chapter 11?--
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